Kandi’s Two American Pure Electric Vehicle Models Unveiled in Dallas
August 27 2018 - 8:32AM
Kandi Technologies Group, Inc. (the “Company,”
“we” or “Kandi”) (NASDAQ GS: KNDI), announced today that its
wholly-owned subsidiary SC Autosports, LLC – previously Sportsman
Country, LLC (“Autosports”) – unveiled Kandi’s two new American
Pure Electric Vehicle (“EV”) Models in Dallas, Texas — the SUV
model EX3 and the two-seater model K22. Distinguished guests
including Rich Aubin, Mayor Pro Tem for the City of Garland, Texas;
Angie Chen Butto, State Representative; Cindy Burkett, State
Representative; and Paul Mayer, CEO of Garland Chamber of Commerce,
attended the unveiling event, along with a number of media
representatives and automobile dealers.
The two American EV Models—the model EX3 and the
model K22 — have undergone several driving performance upgrades
from the original models, to specifically accommodate the needs of
the U.S. market. The newer models’ performance, battery life, and
driving experience have been upgraded to strengthen their presence
in the U.S. market. The participating government officials, media
attendees, and dealers were very satisfied with the new models
which exceeded expectations. Attendees were confident of the
Company and these vehicles entering the American EV market.
Mr. Hu Xiaoming, Chairman and Chief Executive
Officer of Kandi commented: “Based on a series of surveys we have
conducted regarding American consumers, our EV models are expected
to be quite competitive in the American market, due to their
cutting-edge technology, trendy appearance, and affordable price
point. Given the tremendous market opportunities in America, we
will continue to enhance our EV products to satisfy American
consumers’ driving preferences. It will be another milestone for
the Autosports team to add EV sales to its primary off-road
business. With the team’s efforts, we believe our EV products will
succeed in the American market.”
About Kandi Technologies Group,
Inc.
Kandi Technologies Group, Inc. (KNDI),
headquartered in Jinhua, Zhejiang Province, is engaged in the
research and development, manufacturing and sales of various
vehicle products. Kandi has established itself as one of China's
leading manufacturers of pure electric vehicle ("EV") products
(through its joint venture), EV parts and off-road vehicles. Kandi
conducts its primary business operations through its wholly-owned
subsidiary, Zhejiang Kandi Vehicles Co., Ltd. (“Kandi Vehicles”),
SC Autosports, LLC – previously Sportsman Country, LLC
(“Autosports”), and the partially and wholly-owned subsidiaries of
Kandi Vehicles.
More information can be viewed at the Company's
corporate website at http://www.kandivehicle.com. The Company
routinely posts important information on its website.
Safe Harbor StatementThis press
release contains certain statements that may include
"forward-looking statements." All statements other than statements
of historical fact included herein are "forward-looking
statements." These forward-looking statements are often identified
by the use of forward-looking terminology such as "believes,"
"expects" or similar expressions, involving known and unknown risks
and uncertainties. Although the Company believes that the
expectations reflected in these forward-looking statements are
reasonable, they do involve assumptions, risks and uncertainties,
and these expectations may prove to be incorrect. You should not
place undue reliance on these forward-looking statements, which
speak only as of the date of this press release. The Company's
actual results could differ materially from those anticipated in
these forward-looking statements as a result of a variety of
factors, including the risk factors discussed in the Company's
periodic reports that are filed with the Securities and Exchange
Commission and available on the SEC's website (http://www.sec.gov).
All forward-looking statements attributable to the Company or
persons acting on its behalf are expressly qualified in their
entirety by these risk factors. Other than as required under the
securities laws, the Company does not assume a duty to update these
forward-looking statements.
Follow us on Twitter: @ Kandi_GroupCompany
Contact:
Ms. Kewa LuoKandi Technologies Group, Inc.Phone:
1-212-551-3610Email: IR@kandigroup.com
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